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Search results for: Bangladesh

IDLC Finance bags 17th ICAB National Award

IDLC Finance bags 17th ICAB National Award

FE Online Desk 2017-11-28 12:00:00

IDLC Finance Limited has won 17th ICAB National Award for Best Presented Annual Reports 2016 under the Integrated Reporting category. Finance Minister Abul Maal A Muhith, MP, formally handed over...

PM to launch RNPP construction Nov 30

PM to launch RNPP construction Nov 30

FE Report 2017-11-28 12:00:00

The government is all set to begin the construction phase of the 2,400 megawatt (MW) Rooppur Nuclear Power Plant (RNPP) with pouring the first nuclear concrete on Thursday (November 30). Prime Minist...

Govt okays Tk 23.12b project to rehabilitate Rohingyas

Govt okays Tk 23.12b project to rehabilitate Rohingyas

FE Online Report 2017-11-28 12:00:00

The government has approved a Tk 23.12 billion project to rehabilitate Rohingyas at Bhasanchar of Hatia in Noakhali district.  The Rohingyas will be rehabilitated at Bhasanchar on a temporary ba...

90m people alleviated from poverty: Muhith

90m people alleviated from poverty: Muhith

-- 2017-11-28 12:00:00

Nearly 90 million people have been alleviated from poverty line in the last eight years, claims Finance Minister AMA Muhith on Tuesday. "We've brought around 90 million people out of poverty line. B...

CMC Kamal recommends 11pc dividend

CMC Kamal recommends 11pc dividend

FE Online Report 2017-11-28 11:54:29

The board of directors of CMC Kamal Textile Mills Limited has recommended 11 per cent cash dividend for the year ended on June 30, 2017, said an official disclosure on Tuesday. The final approval o...

United Power recommends 100pc dividend

United Power recommends 100pc dividend

FE Online Report 2017-11-28 11:41:42

The board of directors of United Power Generation & Distribution Company Limited has recommended 90 per cent cash dividend and 10 per cent stock dividend for the year ended on June 30, 2017, sai...

DBA gets new president

DBA gets new president

FE Report 2017-11-28 11:01:19

Mostaque Ahmed Sadeque, managing director of Investment Promotion Services, has been elected president of the DSE Brokers Association (DBA). At the same time, Sharif Anowar Hossain, managing directo...

Sustainable economy must to realise SDGs: Inu

Sustainable economy must to realise SDGs: Inu

-- 2017-11-28 09:39:17

Information Minister Hasanul Haq Inu has said poverty alleviation and gender discrimination are the main barriers to achieving SDGs. To address these two key challenges he highlighted the involvement...

DSEX dips below 6,300-mark

DSEX dips below 6,300-mark

FE Online Report 2017-11-28 03:27:37

Stocks extended the losing streak for the second running session on Tuesday, with key index of the major bourse dipping below 6,300-mark, as cautious investors continued their profit booking mood. Ma...

Pubali Bank inaugurates  458th branch in Jamalpur

Pubali Bank inaugurates 458th branch in Jamalpur

-- 2017-11-27 12:49:02

Pubali Bank Limited inaugurated the 458th branch of the bank at Melandaha Bazar in Jamalpur recently. State Minister for Textile and Jute Mirza Azam MP was present as the chief guest and formally inau...

Zaheen Spinning installs electric substation

Zaheen Spinning installs electric substation

FE Online Report 2017-11-27 12:46:05

The board of directors of Zaheen Spinning Limited has informed that they have successfully set up electric substation which will reduce the risk of interruption in production. The board of directors...

Government’s tax receipts fall Tk 33.55b short of Q1 target

Government’s tax receipts fall Tk 33.55b short of Q1 target

Doulot Akter Mala 2017-11-27 12:00:00

Tax-revenue collection fell short of the target by Tk 33.55 billion in the first quarter of the current fiscal year (FY). All of the three wings of the revenue board missed their respective targets i...

National Tubes to set up galvanising plant

National Tubes to set up galvanising plant

FE Online Report 2017-11-27 12:00:00

The Board of Directors of National Tubes Limited has decided to establish galvanising plant to provide service for different types of towers. The state-run engineering companies will establish galvan...

Bourses rise on bullish trend

Bourses rise on bullish trend

FE Online Report 2017-11-27 12:00:00

The prices of most of the shares on both bourses saw upward trend in early trading Monday, after two indexes of the main bourse hits new all-time record high on Sunday, as enthusiastic investors conti...

ICB’s open-ended funds do the best last week

ICB’s open-ended funds do the best last week

FE Online Report 2017-11-27 12:00:00

In the last week ended on 23 November 2017, the best performing open-ended fund was Fourth ICB Unit Fund, which generated 1.8 per cent return in that period. The fund outperformed the DSE Broad Index...

Bourses slip into red after record high

Bourses slip into red after record high

FE Online Report 2017-11-27 12:00:00

Bourses slipped into red on Monday, snapping the three days gaining streak, as risk-averse investors booked profit on quick-gaining stocks. The market was upbeat in the last three consecutive session...

Govt always favours private sector promotions: PM

Govt always favours private sector promotions: PM

-- 2017-11-27 12:00:00

Prime Minister Sheikh Hasina on Monday said the government is always playing supportive role to promote the sector. Sheikh Hasina made the remarks while receiving blankets from the private sector com...

Bad loans worrisome for economy: ICC,B

Bad loans worrisome for economy: ICC,B

-- 2017-11-27 12:00:00

International Chamber of Commerce, Bangladesh (ICC,B) President Mahbubur Rahman has said continuous increase in bad loans is very alarming for the banking sector as well as the economy. "Because of b...

Govt to issue three new bank licences

Govt to issue three new bank licences

-- 2017-11-27 09:49:08

Finance Minister AMA Muhith has revealed that the government is going to issue licenses for setting up three new banks. Removing all confusion over the permission of new banks, he categorically said,...

Generation Next Fashions to issue Tk 2.0b bond

Generation Next Fashions to issue Tk 2.0b bond

FE Online Report 2017-11-26 12:48:37

The board of directors of Generation Next Fashions has intended to issue non-convertible redeemable subordinated bond of Tk 2.0 billion for 7 years for capital investment, said an official disclosure...

Mithun Knitting downgraded to ‘Z’ category

Mithun Knitting downgraded to ‘Z’ category

FE Online Report 2017-11-26 12:39:36

Mithun Knitting & Dyeing will be placed in ‘Z’ category from existing ‘A’ category with effect from Monday on Dhaka Stock Exchange (DSE) as the company has recommended no d...

Muhith mulls Tk 4,680b budget for FY19

Muhith mulls Tk 4,680b budget for FY19

-- 2017-11-26 12:00:00

Finance Minister AMA has said that the outlay of the budget for the ensuing 2018-2019 financial year (FY19) may stand at Taka 4,680 billion. "We announced Taka 4,002.66 billion budget for the current...

Subsidy shrinkage soothes govt's FY17 budget-deficit burden

Subsidy shrinkage soothes govt's FY17 budget-deficit burden

Jasim Uddin Haroon 2017-11-26 12:00:00

Government subsidies shrank in 2016-17 for subdued demand from some sectors to the relief of fiscal administrators from budget-deficit burden, but economists foresee a reversal this year. Officials c...

Dhaka stocks’ record-breaking rally continues

Dhaka stocks’ record-breaking rally continues

FE Online Report 2017-11-26 12:00:00

Dhaka stocks continued to break their previous record as core index of the prime bourse hit a fresh high on Sunday since its inception in January 2013. Dealers said the market maintained the upward t...

Gold market dependent on smuggling: TIB

Gold market dependent on smuggling: TIB

-- 2017-11-26 12:00:00

The Transparency International Bangladesh (TIB) has claimed that gold market is dependent on smuggling. TIB Executive Director Iftekharuzzaman made the remarks while addressing a press conference at...

Stocks see rise in early trading

Stocks see rise in early trading

FE Online Report 2017-11-26 11:34:35

The prices of most of the shares on both bourses witnessed an upward trend in early trading on Sunday as enthusiastic investors continued their buying spree on sector-wise issues. Following the previ...

Annual Banking Conference begins today

Annual Banking Conference begins today

FE Desk 2017-11-26 11:11:13

The Annual Banking Conference, 2017, arranged by Bangladesh Institute of Bank Management (BIBM) begins today (Sunday). Governor of Bangladesh Bank Fazle Kabir will inaugurate the two-day event as the...

Mutual Funds’ price movements underperform DSE broad index

Mutual Funds’ price movements underperform DSE broad index

-- 2017-11-26 08:22:37

Despite the 0.64 per cent increase in Dhaka Stock Exchange Broad Index, DSEX, the Mutual Funds sector posted a negative price performance of (-0.33 per cent). Mutual Funds sector in Dhaka Stock Exchan...

DSEX 14.36 points up

DSEX 14.36 points up

FE Online Report 2017-11-26 02:50:19

  Stocks on Dhaka bourse witnessed a moderate rise in prices on Sunday, the first trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), advanced 14.36 points or 0.2...

BD needs to raise its spending threefold

BD needs to raise its spending threefold

FE Report 2017-11-25 12:02:42

Bangladesh needs to increase its spending on water-related projects by more than three times or could face an annual GDP loss of 1.6-2 per cent due to climate change, a recent government planning docu...